Russian President Signs Crypto Law
This is a Hong Kong news story, published by CoinGape, that relates primarily to Vladimir Putin news.
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Crypto Taxation LawCoinGape
•Russian President Putin Signs Game Changing Crypto Taxation Law
73% Informative
Russian President Vladimir Putin has signed a law recognizing digital assets as property.
The law establishes a two -tier tax system for income from cryptocurrency transactions.
Cryptocurrency mining will be taxed at the standard corporate rate of 25% starting in 2025 .
The development comes at a time when other markets such as Hong Kong plan absolute exemption of crypto taxation.
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